Quote from: Carlton Banks on August 27, 2019, 10:27:39 AM

Quote from: FinanciallyFreeFox on August 27, 2019, 10:09:20 AM

Invest a % of my Income into BTC (£100,000 / $120,000) - I have almost completed this step
Wait for that investment to grow by 5-10x
Pull out my profit and invest into residential property
Live off the rental income (passive income will be £100,000 / $120,000 p/a)

what if your local gangsterment forces you to sell the property to them, below market value via compulsory purchase?

Quote from: FinanciallyFreeFox on August 27, 2019, 10:09:20 AM

If Bitcoin goes to 0, then it will be a major setback. It wont ruin me, but it will take me two years to save up that money again (saving £50k from my £75k post tax income).

this is increasingly less likely

Bitcoin is financial freedom, because no-one can subvert your possession of it. This means demand will always be high, ensuring a high value. Satoshi was no slouch, y'know Wink

Honestly I have thought about this - what if the government confiscates property?

Well long-term I am going to buy property in other countries.

I'm also going to be buying Gold.

I'm also going to be leaving some funds in Bitcoin, and also buying back into Bitcoin if there is a major dip after I cash out.

If history repeats itself we may see an influx, and a dip afterwards.